===================Program Starting: Tue Jan 16 19:18:08 2024

------ Estimated Model parameters------
             betapar		   0.976500000000000
              Etapar		   0.032500000000000	   0.022500000000000	   0.012500000000000
               Kappa		   0.805460000000000
                PROD		   0.393221996043480	   1.000000000000000	   2.543092731489580
            gmapping		   0.219732660000000	   0.250047000000000	   0.286576500000000
            gmapping		   2.135400000000000	   2.430000000000000	   2.785000000000000
               meang		   0.102900000000000
              kappaE		   0.240000000000000
             psiparW		   1.850000000000000
             psiparE		   1.850000000000000
               nupar		   0.900000000000000
           lambdapar		   0.500000000000000
              phipar		   0.041700000000000
              minpar		   0.040000000000000
              DRIpar		   0.700000000000000
               mupar		   0.500000000000000
             rhostar		   0.400000000000000
              pLTpar		   0.500000000000000
                 muz		   1.000000000000000
                  pz		   0.890000000000000
                sigz		   0.435000000000000
                 PiZ	    0	   0.549453155093874	   0.254364641177235	   0.139857292442509	   0.046085377057265	   0.009089567033759	   0.001071390962591	   0.000078576232766	
                 PiZ	    1	   0.299318564796080	   0.281776616405904	   0.244204780844715	   0.126924058155998	   0.039530592597522	   0.007368087103208	   0.000877300096573	
                 PiZ	    2	   0.119597320481876	   0.208221181177097	   0.284402417480732	   0.233004806839229	   0.114475354434139	   0.033698121725365	   0.006600797861561	
                 PiZ	    3	   0.033801472015871	   0.102609741774329	   0.220947233962450	   0.285283104494699	   0.220947233962450	   0.102609741774329	   0.033801472015871	
                 PiZ	    4	   0.006600797861560	   0.033698121725365	   0.114475354434139	   0.233004806839229	   0.284402417480732	   0.208221181177098	   0.119597320481876	
                 PiZ	    5	   0.000877300096573	   0.007368087103208	   0.039530592597523	   0.126924058155998	   0.244204780844715	   0.281776616405903	   0.299318564796080	
                 PiZ	    6	   0.000078576232766	   0.001071390962591	   0.009089567033759	   0.046085377057265	   0.139857292442509	   0.254364641177235	   0.549453155093875	
               Zgrid	   0.045970042308335	   0.363980028205557	   0.681990014102778	   1.000000000000000	   1.318009985897222	   1.636019971794443	   1.954029957691665	
               mupar		   0.500000000000000
              DRIpar		   0.700000000000000

-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013626058724634 
w    0.258234242401588 
mw    0.328441286180457
u    0.050661460558028 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]    9.679319318763461
Fraction of E>nonE [6.7]    6.641633628885423
Fraction of E [8.2]    6.631090295387351
Ratio mworthJ/mworthW [8]    6.791811362381363
Wealth Gini [0.8]    0.633515706352762
Bankruptcy rate [0.75]    0.655679345249894
U>E [2.2]    2.181448115057101
(UL:    0.024411060308953, US:    0.026250400249075) Unemploy. rate [6.4]    5.066146055802823
IUR (Ui/W) [2.5] = 2.972772
W>E 1 [1.07]    1.038697688480307
W>E 2 [0.89]    1.055481559527691
W>E 3 [1.07]    0.905654140702131
Zero wealth fraction [7- 13]    6.999999991655911
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.004727192738790
Fraction of U>E (rlv to new entrant) [20]    0.233786421978403
Worker exit rate (rlv to workers) [3-6.5]    0.026256346612448
Nshare (US)    0.041816796508305, 	 Nshare(UL):    0.000974131481474, 	 Nshare(WW):    0.001348264581677, 	 Nshare [0.1]:    0.044139192571456
Earning Gini [0.36]    0.436204482572843
Top 1 [30]    0.126457489753678
Fraction U>nonU (rlv to unemployed) [?]   48.877630014188043

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.006010859917360	   0.003353941820292	   0.003820640888201	
   0.004260573116815	   0.004329417892897	   0.003714849592717	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032286994778610	   0.022412511719437	   0.012442534310414	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.042132721635387	   0.065316659712967	   0.083060427038575	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.008412774547267	   0.005375971668401	   0.005864309729174	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.460171108294953	   0.472341696083943	   0.464144583342726	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.022647684670029	   0.019607369999861	   0.026718303018518	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5112237 	 0.4669618 	 0.0218145 
W 	 0.0221545 	 0.9737437 	 0.0041018 
E 	 0.0066158 	 0.0598005 	 0.9335837 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.024378404129114
Top 1 [41.8]    0.126457489753678
Top 5 [?]    0.312574153338325
Top 10 [77.2]    0.435433035829838
Top 20 [?]    0.652090977098946
Top 40 [?]    0.882304178183107
Bot 20 [?]    0.004037654987372
Bot 40 [?]    0.031988640054789
Bot 60 [?]    0.117695821816893
Bot 80 [?]    0.347909022901054
mworthJ   11.061224100805800
mworthW    1.628611795974187
mworthUi    1.116006534017969
mworthUn    2.061721787492944
avgfirm:   10.336335426875182
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.685411735390208
productionJ (annual)    0.535012987339308
Totalcapital    4.543616242332867
Totallabor    1.134693465441275
Corproduction (annual)    1.342646419360921
Corcapital    3.858204506942660
Totalproduction (annual)    1.877659406700229
capitalJ/Totalcapital    0.150851590194662
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002748308111160
Revenue Basis    0.293016707406260
Optimal tax    0.009940514235221
Optimal tax SEA    0.000000000000000
COST SEA:    0.000307335791580    0.000087571068205
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.883027636487581 
U    0.050661460558028 
VE    0.066310902953874 
-------WELFARE--------
Un -166.446565477688239  Ui -174.074126756684620  J -127.709549847414493  WW -161.598107359467718  Wtot-159.796783017177177 
-------POOL OF ENT--------
THETA: 0,     0.100448263608834,    0.249999999999867,    4.197635322140368,    0.751107092767743  
THETA: 1,     0.058004309403464,    0.499999999999743,   10.466834197785079,    1.247700876381006  
THETA: 2,     0.048786729399870,    0.249999999999874,   22.665154996573939,    1.807139847481987  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013626058724634 
w    0.258234242401588 
mw    0.328441286180457
u    0.050661460558028 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]    9.679319318763461
Fraction of E>nonE [6.7]    6.641633628885423
Fraction of E [8.2]    6.631090295387351
Ratio mworthJ/mworthW [8]    6.791811362381363
Wealth Gini [0.8]    0.633515706352762
Bankruptcy rate [0.75]    0.655679345249894
U>E [2.2]    2.181448115057101
(UL:    0.024411060308953, US:    0.026250400249075) Unemploy. rate [6.4]    5.066146055802823
IUR (Ui/W) [2.5] = 2.972772
W>E 1 [1.07]    1.038697688480307
W>E 2 [0.89]    1.055481559527691
W>E 3 [1.07]    0.905654140702131
Zero wealth fraction [7- 13]    6.999999991655911
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.004727192738790
Fraction of U>E (rlv to new entrant) [20]    0.233786421978403
Worker exit rate (rlv to workers) [3-6.5]    0.026256346612448
Nshare (US)    0.041816796508305, 	 Nshare(UL):    0.000974131481474, 	 Nshare(WW):    0.001348264581677, 	 Nshare [0.1]:    0.044139192571456
Earning Gini [0.36]    0.436204482572843
Top 1 [30]    0.126457489753678
Fraction U>nonU (rlv to unemployed) [?]   48.877630014188043

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.006010859917360	   0.003353941820292	   0.003820640888201	
   0.004260573116815	   0.004329417892897	   0.003714849592717	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032286994778610	   0.022412511719437	   0.012442534310414	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.042132721635387	   0.065316659712967	   0.083060427038575	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.008412774547267	   0.005375971668401	   0.005864309729174	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.460171108294953	   0.472341696083943	   0.464144583342726	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.022647684670029	   0.019607369999861	   0.026718303018518	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5112237 	 0.4669618 	 0.0218145 
W 	 0.0221545 	 0.9737437 	 0.0041018 
E 	 0.0066158 	 0.0598005 	 0.9335837 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.024378404129114
Top 1 [41.8]    0.126457489753678
Top 5 [?]    0.312574153338325
Top 10 [77.2]    0.435433035829838
Top 20 [?]    0.652090977098946
Top 40 [?]    0.882304178183107
Bot 20 [?]    0.004037654987372
Bot 40 [?]    0.031988640054789
Bot 60 [?]    0.117695821816893
Bot 80 [?]    0.347909022901054
mworthJ   11.061224100805800
mworthW    1.628611795974187
mworthUi    1.116006534017969
mworthUn    2.061721787492944
avgfirm:   10.336335426875182
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.685411735390208
productionJ (annual)    0.535012987339308
Totalcapital    4.543616242332867
Totallabor    1.134693465441275
Corproduction (annual)    1.342646419360921
Corcapital    3.858204506942660
Totalproduction (annual)    1.877659406700229
capitalJ/Totalcapital    0.150851590194662
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002748308111160
Revenue Basis    0.293016707406260
Optimal tax    0.009940514235221
Optimal tax SEA    0.000000000000000
COST SEA:    0.000307335791580    0.000087571068205
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.883027636487581 
U    0.050661460558028 
VE    0.066310902953874 
-------WELFARE--------
Un -166.446565477688239  Ui -174.074126756684620  J -127.709549847414493  WW -161.598107359467718  Wtot-159.796783017177177 
-------POOL OF ENT--------
THETA: 0,     0.100448263608834,    0.249999999999867,    4.197635322140368,    0.751107092767743  
THETA: 1,     0.058004309403464,    0.499999999999743,   10.466834197785079,    1.247700876381006  
THETA: 2,     0.048786729399870,    0.249999999999874,   22.665154996573939,    1.807139847481987  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013993370262912 
w    0.256744944152239 
mw    0.327243675867697
u    0.050328947352668 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.701335360727381
Fraction of E>nonE [6.7]    6.069700046131294
Fraction of E [8.2]    8.628809771937215
Ratio mworthJ/mworthW [8]    6.926087364328645
Wealth Gini [0.8]    0.642154304910246
Bankruptcy rate [0.75]    0.581330369871047
U>E [2.2]    2.435642311553813
(UL:    0.024663890413361, US:    0.025665056939308) Unemploy. rate [6.4]    5.032894735266850
IUR (Ui/W) [2.5] = 2.972616
W>E 1 [1.07]    0.964498027558978
W>E 2 [0.89]    1.056402295329481
W>E 3 [1.07]    0.978930300849289
Zero wealth fraction [7- 13]    6.561576166517101
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.005659595244336
Fraction of U>E (rlv to new entrant) [20]    0.216593781668237
Worker exit rate (rlv to workers) [3-6.5]    0.027246152832200
Nshare (US)    0.033575494693966, 	 Nshare(UL):    0.000877401521609, 	 Nshare(WW):    0.001181243256238, 	 Nshare [0.1]:    0.035634139471813
Earning Gini [0.36]    0.448460060034241
Top 1 [30]    0.131774473875323
Fraction U>nonU (rlv to unemployed) [?]   48.383463132279523

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.007014520069782	   0.004261451467942	   0.005138717239953	
   0.004953022043220	   0.005424981395262	   0.005027136624793	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032255647879859	   0.022392135689590	   0.012425362967551	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.037982499553669	   0.059030606965286	   0.076920461787502	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.007567665596265	   0.004558316892555	   0.005343625186791	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.451232442008179	   0.465328346409823	   0.458050853880046	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.025000348325115	   0.022007850138751	   0.030030219613738	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5161654 	 0.4594782 	 0.0243564 
W 	 0.0221108 	 0.9727538 	 0.0051353 
E 	 0.0057948 	 0.0549022 	 0.9393030 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.023681508217228
Top 1 [41.8]    0.131774473875323
Top 5 [?]    0.321250358839599
Top 10 [77.2]    0.462089412516939
Top 20 [?]    0.663722085001959
Top 40 [?]    0.885983750058052
Bot 20 [?]    0.003308223110689
Bot 40 [?]    0.032759811643839
Bot 60 [?]    0.114016249941948
Bot 80 [?]    0.336277914998041
mworthJ   12.107676418787531
mworthW    1.748126435878584
mworthUi    1.199578953980049
mworthUn    2.310584769626729
avgfirm:   10.980029972203978
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.947445899203176
productionJ (annual)    0.739142987678796
Totalcapital    5.181011692176966
Totallabor    1.111536440929353
Corproduction (annual)    1.197442127181040
Corcapital    4.233565792973790
Totalproduction (annual)    1.936585114859837
capitalJ/Totalcapital    0.182868898102231
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002675784103263
Revenue Basis    0.285381361449586
Optimal tax    0.010023032680131
Optimal tax SEA    0.000000000000000
COST SEA:    0.000249752229167    0.000095323777628
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.863382954927094 
U    0.050328947352668 
VE    0.086288097719372 
-------WELFARE--------
Un -164.654866808003305  Ui -173.407687178787654  J -124.219082692211799  WW -160.956207108524978  Wtot-158.197021809308410 
-------POOL OF ENT--------
THETA: 0,     0.124408316975909,    0.249999999999779,    4.365198718963891,    0.824825405668793  
THETA: 1,     0.077011757073641,    0.499999999999570,   10.871260424141996,    1.330023325609278  
THETA: 2,     0.066720559754598,    0.249999999999787,   23.565252494442959,    1.883742601761369  
